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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted

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To: Warren Gates who wrote (379)3/14/1996 10:29:00 PM
From: Roger Brown   of 1014
 
I would think there would be some profit taking, yet the low dips
like the one we saw after the 1/23 announcement are probably over.

Demand should drive the price up. When though? Friday? We'll see
shortly. Read my other message i just sent to understand how the
Price/earnings ratio works and plan for the stock to be at least
$8 on 4/23 (i think it will be higher yet i'm trying to appease
the conservatives out there...and that's ok to be skeptical..we
all should be to some extent). As the price goes up, the percentage
point increases shrink and it gets more stable. A dip like the one
in January was about 15% (that would pu this in at $5.66...Don't
plan on it. Could be proved wrong yet i stongly doubt it. I definetely
wouldn't sell it. Course i'm in for the long haul...
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